At the close, the Stockholm Stock Exchange had fallen by 4.2 percent. This means that the exchange's broad index has so far this year fallen by 8.4 percent.
The major banks were among the losers among the most traded stocks on the OMXS30 index on Friday. Swedbank dropped 8.4 percent, Handelsbanken 8.1 percent, SEB 6.1 percent, and Nordea 5.3 percent.
Kinnevik was the only major company to rise, by 2.3 percent. This followed the news that Cristina Stenbeck is taking back the chairmanship of the investment company.
At the close in Stockholm, the London Stock Exchange had fallen by 4.5 percent, the Frankfurt Stock Exchange by 4.4 percent, and the Paris Stock Exchange by 3.8 percent.
The New York stock exchanges recorded their worst trading day since 2020 yesterday, with a decline of around 6 percent for the Nasdaq composite index. This corresponds to approximately 30 billion kronor in market value being wiped out during yesterday's trading day in New York.
On Friday, China responded by imposing an additional 34 percent tariff on goods from the USA – and caused all three major indexes in New York to continue falling.
The krona strengthened after the tariff announcement, only to weaken slightly again, with one dollar now costing 10.00 kronor and one euro 10.99.
